Hybrids, CNG may contribute 50% of sales in 2-3 years: Renault India CEO
As French carmaker Renault pushes multifuel powertrain strategy in India, Renault India CEO Stephane Deblaise said hybrid and CNG technology can possibly account for almost half of the automaker's powertrain mix in its sales over the next 2-3 years.
His comments came as the company bets big on hybrid and CNG technology in its India strategy.
The automaker on Saturday launched its first strong hybrid offering on the Duster SUV, and plans to launch factory-fitted CNG models in the future.
When asked how Renault India's powertrain mix could look over the next 2-3 years, Deblaise told PTI: "It is possible, 50 per cent is possible from hybrid and CNG, but we do not have a target." India's car market is increasingly seeing multiple powertrain technologies develop alongside each other, including hybrids, CNG and electric vehicles, rather than one single technology replacing another immediately.
Automakers see hybrid technology as a practical bridge as the electric vehicle ecosystem evolve
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